Markets move before the fundamentals are apparent.
If you haven't figured that out by now, you may as well watch CNBC or read the financial pages for guidance.
This market is building a space station.
It will top in 2009 after the election is over.
Does Ensign offer screening based on a technical indicator?
For example:
Find stocks with
slow stochastic below 20
MACD turning up
Price greater than 10
Volume greater than 1,000,000
I was kidding. Those calls are toast.
I'm not trying to be unkind here. The original post asked about Dec 55 calls when the underlying was about 48.50.
Laramide 50-day MA ready to cross below 200-day MA.
PPO already has negative crossover.
Buy-and-Holders: get ready to pucker up!!
http://stockcharts.com/charts/gallery.html?LAM.TO